ITI Mutual Fund

ITI Asset Management Limited is a mutual fund company based in Mumbai, India. The company offers a range of mutual fund products, including equity, debt, and hybrid funds. ITI Asset Management is India’s emerging mutual fund company with over Rs. 1178 crore in assets under management till 31 March 2021.

The ITI Asset Management company was founded on 10 January 2008 and they introduced ITI Mutual Funds.

The Investment Trust of India Limited and Fortune Credit Capital Limited are the company’s key sponsors.

As a reputed AMC since 2018, ITI Asset Management Limited understands that balancing risk and reward is a big part of investing for the investors whether they are looking to set aside extra cash for retirement or just hoping to get a better return on their savings.

The company has been investing a lot of money into research and development, enabling them to keep ahead of its competitors. With highly qualified and experienced investment and funds managers, ITI assures that each penny of the investors must pay good returns over the period.

ITI Asset Management offers 15 mutual funds schemes that diversify the investor’s portfolio. The equity funds segment has the most number of 8 mutual funds schemes followed by debt and hybrid funds.

The company has around 190 offices in India’s major cities and towns with over 3000 employees.

Top 10 ITI Mutual Funds Schemes –

Fund Name
Category
Risk
1Y Returns
Rating
Fund Size (in Cr)
ITI Multi Cap Fund – Direct Growth Equity Very High -11.95 - 373
ITI Liquid Fund – Direct Growth Debt Moderately Low 3.53 1 40
ITI Banking and Financial Services Fund-Dir Growth Equity Very High - - 153
ITI Long Term Equity Fund – Direct Growth Equity Very High -11.62 - 127
ITI Ultra Short Duration Fund – Dir Growth Debt Moderately Low 3.52 - 127
ITI Large Cap Fund – Direct Growth Equity Very High -4.65 - 190
ITI Value Fund – Direct Growth Equity Very High -10.55 - 141
ITI Arbitrage Fund – Direct Growth Hybrid Low 3.02 - 12
ITI Dynamic Bond Fund – Direct Growth Debt Moderate - - 21
ITI Overnight Fund – Direct Growth Debt Low 3.44 1 12
ITI Banking & PSU Debt Fund – Direct Growth Debt Moderately Low 4.11 5 24
ITI Balanced Advantage Fund – Direct Growth Hybrid Low 1.85 - 585
ITI Conservative Hybrid Fund – Direct Growth Hybrid Moderately High - - 19
ITI Small Cap Fund – Direct Growth Equity Very High -17.27 - 375
ITI Mid Cap Fund – Direct Growth Equity Very High -9.50 - 355
ITI Pharma and Healthcare Fund – Dir Growth Equity Very High - - 159
Mutual Fund ITI Asset Management Ltd.
Sponsors The Investment Trust of India Ltd. and Fortune Credit Capital Ltd.
Incorporation Date Jan-10-2008
Setup Date May-14-2018
CEO and MD Mr. George Heber Joseph
CIO Mr. George Heber Joseph
Compliance Officer Mr. S. Grace Raxelin Rabi
Investor Service Officer Ms. Pallavi Singh
Auditors S. R. Batliboi & Co. LLP
Assets Managed Rs. 1178.53 crore (Mar-31-2021)
Registrars M/s Karvy Computershare Pvt. Ltd
Helpline 1800-266-9603
Email  mfassist@itiorg.com
Address Naman Midtown “A” Wing, 21st Floor, Senapati Bapat Marg,

Elphinstone Road, Mumbai 400013

ITI Mutual Funds List

Here is the list of 15 Mutual funds schemes offered by ITI Asset Management Limited.

Name Category Risk
ITI Long Term Equity Fund Equity Very High
ITI Multi-Cap Fund Equity Very High
ITI Mid Cap Fund Equity Very High
ITI Value Fund Equity Very High
ITI Large Cap Fund Equity Very High
ITI Pharma and Healthcare Fund Equity Very High
ITI Banking and Financial Services Fund Equity Low Risk
ITI Small Cap Fund Equity Very High
ITI Dynamic Bond Fund Debt Low to Moderate Risk
ITI Banking & PSU Debt Fund Debt Low to Moderate Risk
ITI Ultra Short Duration Fund Debt Low to Moderate Risk
ITI Liquid Fund Debt Low to Moderate Risk
ITI Overnight Fund Debt Low
ITI Balanced Advantage Fund Hybrid Low to Moderate Risk
ITI Arbitrage Fund Hybrid Low Risk

Top Fund Managers

Pradeep Gokhale

Mr. Pradeep is a highly qualified Chartered Accountant and Chartered Financial Analyst with over 23 years of experience in the finance industry. He has worked in various roles in Fund Management, Equity Research, Credit Evaluation, and Ratings with top companies like Tata Asset Management Ltd., CARE Ratings Ltd., Bombay Dyeing, Tata International, and Lubrizol India Ltd.

As of now, Mr. Gokhale manages an AUM of 2371 crores and 20 schemes.

George Heber Joseph

George has years of experience in the financial world, with dual Bachelor’s Degrees in English Language & Literature and Commerce, and qualifications as a Chartered Accountant from the Institute of Chartered Accountants of India and a Cost and Management Accountant from the Institute of Cost Accountants of India. He has worked in various roles in the finance sector for companies such as ICICI Prudential Asset Management Ltd., Tanfac Industries Ltd. (Aditya Birla Group), Cholamandalam Investments & Finance Co. Ltd., Met Life India, Wipro, and DSP Merrill Lynch Ltd.

As of now, Mr. Joseph manages an AUM of 2015 crores and 28 schemes.

Pratibh Agarwal

Agarwal has worked in many esteemed positions, such as Research Associate at Nippon India Asset Management, Senior Consultant at Yoctel Solutions Ltd., and Engineer at Alcatel Lucent Ltd. He is now a Master of Technology from IIT Kanpur and works as an ITI Asset Management fund manager.

As of now, Mr. Agarwal manages an AUM of 110 crores and three schemes.

Hetal Gada

Before joining ITI AMC, Ms. Gada worked in the finance industry for several years. She handled research on the auto and consumer sectors at Centrum. She worked for Elara Securities and CRISIL for 2 and 3 years, respectively, where she conducted research on various sectors, including metals.

As of now, Ms. Gada manages an AUM of 110 crores and three schemes.

Rohan Korde

Before joining ITI Asset Management Limited, Mr. Korde worked in various finance-related positions at BOB Capital Markets, Prabhudas Lilladher, and Anand Rathi Share & Stock Brokers. He has a Masters in Management Studies (Finance) and a Bachelor of Commerce from reputed universities.

As of now, Mr. Korde manages an AUM of 322 crores and six schemes.